All the obligations and liabilities of Lessee under this Clause 5
 shall survive and remain in full force and effect, notwithstanding
 the expiration or earlier termination or cancellation of this
 Agreement and the return of the Aircraft to Lessor, until all such
 obligations have been fully performed and all such liabilities have
 been paid in full.

 5.14 ABSOLUTE OBLIGATIONS:

 This Agreement is a net lease. Lessee's payment and other
 obligations under this Agreement are absolute and unconditional
 irrespective of any contingency whatsoever including (but not
 limited to):

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 (a) any right of setoff, counterclaim, recoupment, defense or
 other right which either party to this Agreement may have
 against the other, or which Lessee may have against the
 Manufacturer or any other Person for any reason whatsoever;

 (b) any unavailability of the Aircraft for any reason (other than
 Lessor's failure to properly tender delivery of the Aircraft
 in accordance with this Agreement), including, but not limited
 to, a requisition of the Aircraft or any prohibition or
 interruption of or interference with or other restriction
 against Lessee's use, operation or possession of the Aircraft;

 (c) any lack or invalidity of title or any other defect in title,
 airworthiness, merchantability, fitness for any purpose,
 condition, design, or operation of any kind or nature of the
 Aircraft for any particular use or trade, or for registration
 or documentation under the laws of any relevant jurisdiction,
 or any Event of Loss in respect of or any damage to the
 Aircraft occurring after Delivery;

 (d) any insolvency, bankruptcy, reorganization, arrangement,
 readjustment of debt, dissolution, liquidation or similar
 proceedings by or against Lessor or Lessee;